With it, MedTech doubles its production capacity in the country.

“This expansion gives us an enormous potential to grow in manufacturing end products, in order to satisfy the growing needs of our customers”, said George Bank, MedTech CEO.

Source: Plasticsnews.com

More on this topic

Navtar Starts Operations in Costa Rica

June 2013

With an investment of $4 million, the U.S. medical device supplier will open its first plant in Latin America and its fifth worldwide.

Navtar, a division of the corporation Tekni-Plex, Inc., is to locate the new plant in Zone Z in Cartago, the space will measure 1000 square meters, with the possibility of expanding its size to 3,700 square meters next year.

Potential of El Salvador in Medical Devices

November 2012

International experts presented the advantages of the country as an investment platform in the medical devices and pharmaceuticals industries.

A statement from Agency for Export and Investment Promotion of El Salvador (PROESA) reads:

The Agency for Promotion of Exports and Investments of El Salvador (PROESA) invited international experts to learn about the advantages of the country as an investment platform in the industries of medical devices and pharmaceuticals.

Command Medial Expands Operations in Nicaragua

April 2010

The medical devices company invested $3 million to enlarge its facilities in Las Mercedes Free Zone.

It will hire an additional 150 employees, and expects to increase production by 200%, commented CEO Carlos Gadea.

“Command Medical produces disposable medic goods, such as oxygen masks, bags for blood transfusion and plastic tubes”, reported Laprensa.com.ni.

Baxter Expands Costa Rican Operations

November 2009

The multinational company, who produces medical devices, will move its Latin American financial operations to the country.

Baxter will proceed to move to Costa Rica the financial administration of Puerto Rico, and next year it will bring those of Argentina, Chile and Colombia. Mexico and Brazil will follow in 2011.